Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
37 TWO OAKS AVENUE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2024, which was around 46% below the average January 2024 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 37 TWO OAKS AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 37 TWO OAKS AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2024 12 JAN | £250,000 | £459,405 | 46% below HPI |
2020 26 JUN | £175,000 | £382,940 | 54% below HPI |
1999 20 OCT | £66,950 | £131,347 | 49% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 37 TWO OAKS AVENUE sales between October 1999 and January 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2020 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2024 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
37 TWO OAKS AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 37 TWO OAKS AVENUE lies on this distribution: 13% of detached houses are smaller than 37 TWO OAKS AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Burntwood.
37 TWO OAKS AVENUE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 37 TWO OAKS AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 37 TWO OAKS AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
37 TWO OAKS AVENUE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 37 on TWO OAKS AVENUE.